CPROP (CPROP)

Overview

CPROP’s blockchain-powered workflow management system is a planned integration with property portals around the world to help deliver an unprecedented level of trust to real estate transactions while increasing their revenue opportunities.

Execution of the business is simplified by partnering with existing property portals and brokerages around the world, accelerating our speed to market while helping our partners increase their revenue opportunities and competitive differentiation. For property buyers, CPROP’s goal is to remove anxiety associated with long-distance transactions by providing:

Blockchain-authenticated documents;

Smart contract escrows;

Process automation;

Options to choose user-rated service providers.

CPROP aspires to bring blockchain technology into the mainstream of global real estate while enhancing the integrity of the property closing process.

CPROP’s mission is to develop and deliver blockchain-powered solutions that address acknowledged pain points in the global real estate industry. The solutions we develop must meet the following guidelines:

Solutions must be technically and commercially viable today which often means integrating with existing business processes, rather than creating entirely new commercial paradigms that are difficult to implement.

Technologies other than blockchain can be incorporated opportunistically to maximize commercial value.

Commercial partnerships can be established early-on to provide validation, accelerate speed to market, and ensure scalability.

Problem

Lack of trust

Untrusted escrow agents

Unfamiliar legal frameworks

Untrusted government registries

Untrusted service providers (agents, lawyers, etc.)

Inefficiency

Manual, complicated closing processes that can kill a deal

Risk

Loss of, or flawed, documentation

Stress

Anxiety associated with unfamiliar processes

Fear of unanticipated delays and costs

Solution

Lack of trust

Smart contract escrows

Blockchain-verified documentation

Deed token

User-rated community of service providers

Inefficiency

Process automated workflow management platform

Risk

Decentralized, secure file storage (IPFS)

Stress

Transparent workflows packaged in a seamless integration with property portal

Features

Buyers & Sellers

Ability to achieve greater level of trust with respect to escrows and closing documentation

Improved visibility on the status of the closing process every step of the way

Ability to source user-rated service providers – especially important if the acquired property is located far away

Additional links

Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :CPROP

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 20,000,000 USD

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :2,000,000 USD

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :6,500,000,000 CPROP

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :4,600,000,000 CPROP

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :Belarus, Burundi, Central African Republic, China, Congo, Crimea, Cuba, Iran, Iraq, Lebanon, Myanmar, North Korea, Somalia, South Sudan, Sudan, Syria, USA, Venezuela, Yemen, Zimbabwe,

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No

Roadmap

Jul 2018

Beta testing

2019

Following beta testing with multiple parties

CPROP ultimately plans to establish standards for utilizing public blockchains for real estate

Activity

Social

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